CCCS Secures $3.5m Grant For Foreclosure Prevention Efforts
Consumer Credit Counseling Service (CCCS) based in Atlanta, Ga. received a $3.5m grant to support its national foreclosure prevention counseling efforts in several cities, according to a release. CCCS will use the funds to conduct 18,400 foreclosure prevention counseling sessions. Clients in Atlanta, Miami, New York, Los Angeles, Washington D.C., Orlando, Chicago, Tampa, Riverside, Calif. and Phoenix will benefit most from the funding, according to CCCS client history distribution. “This grant will enable us to help homeowners in metropolitan areas that have been hit hardest by the nation's foreclosure crisis,” said Suzanne Boas, president of CCCS. “At no cost to the homeowner, counseling provides people with information and resources to help them avoid foreclosure. This is most effective when they reach out for help shortly after they become delinquent on their mortgage payments.” The funds, provided by the National Foreclosure Mitigation Counseling Program and originated in Congress’ 2008 Consolidated Appropriations Act, will enable CCCS to provide more foreclosure counseling to distressed homeowners. The grant is the highest amount awarded by NeighborWorks America, the non-profit organization that administers the application process. Write to Jon Prior.